Source: The Great Interpretation of Dreams (Ibn Sirin)
An axe in a dream indicates sustenance and strength. It is a man who is relied upon in hardships. Striking with it indicates victory over enemies.
Source: Perfuming Humanity in the Expression of Dreams (Al-Nabulsi)
An axe indicates a brave man. Whoever sees an axe in his hand will gain a position of power.
Source: Signs in the Science of Expressions (Ibn Shaheen)
An axe is interpreted as goodness. Whoever sees himself striking with it will attain goodness.